RM Auction Automobilies of London-Preview
It doesn’t seem 12 months since RM held its seconded London sale but, take it from me, it is. 2008 saw one of the greatest Collections of cars selling for over £18 million and, with another superbly presented catalogue, the London office of the Ontario-based auction house has high hopes for 2009.
RM Auctions, in association with Sotheby’s, will hold its third annual Automobiles of London auction on October 28th, 2009 at Battersea Evolution in London.
LONDON, England is building upon the success of their recent record-breaking Ferrari Leggenda e Passione event in Maranello, Italy, RM Auctions, in association with Sotheby’s, will proudly return to England on October 28th for the distinguished Automobiles of London event at Battersea Park.
It doesn’t seem 12 months since RM held its seconded London sale but, take it from me, it is. 2008 saw one of the greatest Collections of cars selling for over £18 million and, with another superbly presented catalogue, the London office of the Ontario-based auction house has high hopes for 2009.
Over the past three years this stylish event has attracted discerning collectors from around the world, emerging as one of Europe’s leading collector car events for the highest quality automobiles.
This year’s event is set to continue the momentum with seven of the world’s finest Ferrari collector’s cars and Automobilia set to go under the hammer.
Amongst early highlights is a stunning 1967 Ferrari 250 LM Replica bearing chassis no 6167R, this faithful 250 LM Replica was inspired by chassis 6167, which was raced extensively throughout Europe in 1967 and 1968 in fact Richard Atwood took Chassis no 6167 to significant victory in a support race to the July 1967 Silverstone Grand Prix. The Ferrari 250 LM Replica to be sold by RM was built in the early 1990,s from a limited few original LM parts by the experts at Autosport and Bachelli the estimate is between £300,000 to £350,000
Max Girardo, Managing Director of RM Europe, says the interest and enthusiasm in the collector car hobby remains at an all time high as collectors pursue their passion for exceptional motor cars and seek out the best examples to enjoy and drive.
Recent RM events have attracted record attendance and posted strong results, with great cars continuing to achieve great prices at auction,” says Girardo.
From rare, early veteran cars through to some of the most exotic supercars of the last decade, this year’s London auction features a magnificent collection of automobiles. We have received great early interest in the event, which is set to round off another fantastic year for RM.”
Here is the complete list of all seven Ferrari’s entered into this year’s Automobiles of London sale by RM Auction
1949 Ferrari 166 Inter Coupe Estimate £350,000 - £400,000
1967 Ferrari 250 LM Replica Estimate £300,000 - £350,000
1966 Ferrari 275 GTB Nart Spyder Conversion Estimate £450,000 - £550,000
1963 Ferrari 250 GTO Berlinetta Recreation Estimate £280,000 - £340,000
1967 Ferrari 330 GTC Estimate £120,000 - £180,000
1970 Ferrari 365 GTB/4 Daytona Estimate £125,000 - £150,000
1991 Ferrari Testarossa Estimate £30,000 - £35,000
Last year, RM sold 69 of 100 cars offered (69% sales rate) for total sales of $24,266,998, buoyed by the 1997 McLaren F1 that brought a record $4,149,200. The average price per car sold was $351,695.
Proudly presented by RM Auctions, in association with Sotheby’s, the Automobiles of London event will be held October 28th, 2009 at Battersea Evolution, London, England. A full day preview will be held October 27th, 2009 from 10.00am – 5.00pm GMT, followed by all the auction action on October 28th from 3.00pm GMT. Admission to the event is by catalog only which is available for £70 and admits two.
For further information, to discuss consignment opportunities, or for further information on early consignments, please contact RM London at +44 20 7851 7070 or visit www.rmauctions.com